CENTRAL PALM SPRINGS OWNER-USER OFFERING
— Rare Owner-User HQ Opportunity | Currently configured as a 96,353 square foot Flex-Industrial Warehouse/Commercial Office building, the historic Desert Sun campus consists of nearly 9 acres and includes open warehouse space with multiple docks and expandable dock capability. The building is equipped with massive 4,000 Amp power to accommodate practically any type of use. The site provides ample parking, expansion opportunities, and prime visibility along Highway 111.
— Flexible Zoning | The property is essentially a blank canvas for a new owner, with its flexible PD zoning allowing a multitude of uses from industrial warehouse and medical/professional office to countless redevelopment opportunities.
STRONG MARKET FUNDAMENTALS
— Coachella Valley Growth | The Coachella Valley’s population has grown more than 26% since 2000, with compound annual growth rate of 1.65% from 2000-2024, double the growth rate for the United States as a whole. In the last decade, the Coachella Valley’s population increased by 6.8%, reaching a full-time resident population base of 455,408 (CVEP 2024 Economic Report). This is attributed to job growth, the continued rise in lodging, and employment in hospitality. As more jobs are created, in-migration will rise to fill open positions. Population growth drives demand for housing, goods, and services, as well as office space.
— Palm Springs International Airport Expansion | Palm Springs International Airport (PSP) is a major economic engine for the region, generating approximately $2.5 billion in total economic output and supporting ~18,377 jobs in Fiscal Year 2024. Visitor spending tied to the airport contributed over $1.1 billion, and it also generated about $382 million in tax revenues. PSP’s ongoing expansion and modernization aims to increase capacity, add gates, and support future international flights – which can boost visitor traffic and business travel.
IDEAL HEADQUARTERS LOCATION ADJACENT TO PALM SPRINGS AIRPORT
— Main Thoroughfare | The property sits on N Gene Autry Trail, a main east-west thoroughfare in Palm Springs providing good vehicular access and visibility for office tenants and professional services.
— Prime Palm Springs Location | Nestled adjacent to Palm Springs Airport, Palm Springs Air Museum, Escena Golf Club, Highway 111, and proximity to the I-10 Freeway and major development opportunities.